Rainbow Childrens Medicare Ltd Q2FY23 consolidated net profit soars to Rs. 61.13 crores

Rainbow Childrens Medicare Limited has reported Consolidated financial results for the period ended September 30, 2022.

Financial Results (Q2 FY2023) - QoQ Comparison

The company has reported total income of Rs. 320.615 crores during the period ended September 30, 2022 as compared to Rs. 243.185 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs. 61.133 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs. 38.189 crores for the period ended June 30, 2022.

The company has reported EPS of Rs. 6.06 for the period ended September 30, 2022 as compared to Rs. 3.78 for the period ended June 30, 2022.

Financials	Q2 FY2023	Q1 FY2023	% Change
Total Income	₹ 320.615 crs	₹243.185 crs	31.84%
Net Profit	₹61.133 crs	₹38.189 crs	60.08%
EPS	₹6.06	₹3.78	60.32%

Financial Results (Q2 FY2023) - YoY Comparison

The company has reported total income of Rs. 320.615 crores during the period ended September 30, 2022 as compared to Rs.271.10 crores during the period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.61.133 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs.45.196 crores for the period ended September 30, 2021.

The company has reported EPS of Rs.6.06 for the period ended September 30, 2022 as compared to Rs.4.80 for the period ended September 30, 2021.

Financials	Q2 FY2023	Q2 FY2022	% Change
Total Income	₹ 320.615 crs	₹271.10 crs	18.26%
Net Profit	₹61.133 crs	₹45.196 crs	35.26%
EPS	₹6.06	₹4.80	26.25%

Financial Results (Half Year Ended FY2023) - YoY Comparison

The company has reported total income of Rs.563.8 crores during the 6 Months period ended September 30, 2022 as compared to Rs.519.592 crores during the 6 Months period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.99.322 crores for the 6 Months period ended September 30, 2022 as against net profit / (loss) of Rs.81.129 crores for the 6 Months period ended September 30, 2021.

The company has reported EPS of Rs.9.84 for the 6 Months period ended September 30, 2022 as compared to Rs.8.62 for the 6 Months period ended September 30, 2021.

Financials	Half Year Ended FY2023	Half Year Ended FY2022	% Change
Total Income	₹563.8 crs	₹519.592 crs	8.51%
Net Profit	₹99.322 crs	₹81.129 crs	22.42%
EPS	₹9.84	₹8.62	14.15%

Shares of Rainbow Childrens Medicare Limited was last trading in BSE at Rs. 706.75 as compared to the previous close of Rs. 707.40. The total number of shares traded during the day was 18201 in over 1666 trades.

The stock hit an intraday high of Rs. 714.85 and intraday low of 692.85. The net turnover during the day was Rs. 12882835.00.

Source : Equity Bulls

Keywords

RainbowChildrensMedicare Q2FY23 H1FY23 ResultUpdate